Perrysburg, Ohio, July 28, 2022 (GLOBE NEWSWIRE) —
- Follows strong consumer trend towards sustainable packaging
- Latest innovation in hi-tech and sustainable glass manufacturing
- First purposely-built MAGMA facility at O-I
- Aligns with expansion plan for profitable growth
- Up to $240 million investment in multiple expansion waves over time; approximately 140 new jobs expected to be created
O-I Glass, Inc. (NYSE: OI) will build a new greenfield glass plant in Bowling Green, KY. In line with strong consumer trends towards healthy, recyclable, and sustainable food and beverage packaging, the company is adding capacity to support its customers with brand-building premium glass containers. The company plans to invest up to $240 million in multiple expansion waves over time and create approximately 140 new jobs in the region.
The new plant will be the first facility purposely-built for O-I’s revolutionary MAGMA technology that is set to redefine the glass production process for the future. MAGMA is expected to further enhance O-I’s capabilities to support multiple product categories and expand in today’s highly differentiated product segments.
The production facility is also expected to set new standards in sustainable glass manufacturing. Using renewable electricity, gas-oxy fuel, and other innovative solutions, it will significantly advance O-I’s sustainability roadmap and make glass an even more compelling choice for consumers, customers, and…
